tomo logo

$559,945Estimated home value

Beds
2
Baths
1.0
sq ft
928

1945 Gulf Of Mexico Dr Unit M2-102, Longboat Key, FL 34228

1945 Gulf Of Mexico Dr Unit M2-102

LONGBOAT KEY, FL 34228

  • Sold On 9/19/2024
    • Price drop $41,000↓
New Price & New Opportunity for this charming 2bedroom/1bath condominium updated with laminate flooring in the living area & bedrooms that has the look of rustic wood and matching rectangular tiles in the foyer, kitchen and bath. The kitchen has stainless steel appliances, granite counter tops and glass tiled back splash. In the bathroom dual sinks with granite counter top. In the dressing area a full size combination washer & dryer. Coming furnished. This residence is located in a secured locked mid-rise building and faces East with a garden view. The Seaplace Community is located on 42 acres of gorgeous flowering fauna, Banyan, Oak and Palm trees right on the turquoise waters of the Gulf of Mexico. Seaplace has two heated swimming pools & spas, kiddy pool and playground area, fitness & sauna rooms, plus a lovely clubhouse. Located a short distance to famous Saint Armand's Circle for a wonderful selection of restaurants & boutique shopping, and not to forget our wonderful downtown Sarasota for cultural venues, shopping and dining.

Details

Property type

Condominium

Est. home value

$559,945

Lot size

Unknown

Price per sq ft

$537

Year built

1978

Annual property taxes

$5,833.92

HOA

No

Price History

09/19/2024
StellarMLS

StellarMLS #A4607120

Sold
$427,000
-14.26%
09/07/2024
StellarMLS

StellarMLS #A4607120

Pending
$498,000
07/09/2024
StellarMLS

StellarMLS #A4607120

Price change
$498,000
-7.61%

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Brookside Middle

High school: 

Booker High

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$179,737
Asking price
$498,000
Closing costs (~8% of asking)
-$39,840
Est. remaining loan balance
-$278,423
Cash to seller
$179,737

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nfm Inc

Loan start date

August 2020

Original loan amount

$305,600

Est. remaining balance

$278,423

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Brian Stahl and Lauren Stahl

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

StellarMLS
$489,000
2 bd
|
2 ba
|
1,090 sq ft
|
Condo

4340 Falmouth Dr Unit 203, Longboat Key, FL 34228

StellarMLS
$549,000
2 bd
|
2 ba
|
1,072 sq ft
|
Condo

4330 Falmouth Dr Unit C202, Longboat Key, FL 34228

StellarMLS
$549,000
2 bd
|
2 ba
|
1,152 sq ft
|
Condo

4390 Exeter Dr Unit I303, Longboat Key, FL 34228

Status: Off Market

Tomo last checked: 10/04/2024 at 8:15 PM

Listing updated: 09/19/2024 at 5:56 PM

Listed by: Sandra Endres, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4607120

StellarMLS logo